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our economy doesn't grow from the top down. it grows from the middle out. we don't believe that anybody's entitled to success in this country. but we do believe in opportunity. we believe in a country where hard work pays off and responsibility is rewarded and everybody is getting a fair shot. and everybody is doing their fair share and everybody is playing by the same rules. that's the country we believe in. that's what we have been fighting for the last four years. that's what we are going to put in place in the next four years, if you re-elect me as president of the united states of america. that's what we're going to do. >> and a very friendly crowd at the george mason university campus in fairfax, virginia. and you're hearing some of the typical stump speech, but not only two minutes into the stump speech, the president was able to say we have the lowest unloimt number u unemployment numbers out this morning as soon as i took office and then we have come too far to turn back now. and was able to reinvoke another reference to big bird, which is getting
our economy doesn't grow from the top down. it grows from the middle out. we don't believe that anybody's entitled to success in this country. but we do believe in opportunity. we believe in a country where hard work pays off and responsibility is rewarded and everybody is getting a fair shot. and everybody is doing their fair share and everybody is playing by the same rules. that's the country we believe in. that's what we have been fighting for the last four years. that's what we are going to...
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, number two the economy, number three the economy. so you add that all up. i'm getting like 45 minutes on the economy. now, it's a big subject. but i do think that there is a chance there to go in depth. but a lot of that depends on these two candidates. are they willing to go in depth? are they willing to engage with each other about specifics? are they willing to kind of reveal their specifics? in some ways it's up to them. but certainly the time is there. >> how can they not go in depth? they can't stand there and not say anything to fill the remaining 13, 12, 10 minutes. >> you'd be surprised how well politicians can fill time saying very little. but i would think the opportunity is there and the pressure is there particularly on mitt romney, but also on the president. there's a lot of pressure to say, okay, so how do you create jobs? we know you both want to create jobs. we know you both don't think the other is doing it the right way. what specifically are you going to do? how specifically will you bring down the deficit? there'
, number two the economy, number three the economy. so you add that all up. i'm getting like 45 minutes on the economy. now, it's a big subject. but i do think that there is a chance there to go in depth. but a lot of that depends on these two candidates. are they willing to go in depth? are they willing to engage with each other about specifics? are they willing to kind of reveal their specifics? in some ways it's up to them. but certainly the time is there. >> how can they not go in...
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Oct 4, 2012
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of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to new
of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans....
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big questions over the role of government when it comes to the economy. these two guys could not be further apart. did they make their case clear last night? >> it was part of the debate i enjoyed the most. i enjoyed the economic stuff. when it got to the role of golf, jim lehrer asked that and i thought they stated their case and mitt romney stated it well where he said he doesn't believe the federal government can do much that is better than the private sector can be left to do or individuals can do and barack obama, you know, he started by saying the major role of government is keeping its people safe. but that is a fundamental disagreement between conservatives and liberals. i think -- i don't know that too many people would have been confused about their answers or would have expected them to say something else but i think it's important that your vote this time around is determined by what role you think government should have. the key difference to remember is in the last four years with the economic collapse, we live in a world, in a country where
big questions over the role of government when it comes to the economy. these two guys could not be further apart. did they make their case clear last night? >> it was part of the debate i enjoyed the most. i enjoyed the economic stuff. when it got to the role of golf, jim lehrer asked that and i thought they stated their case and mitt romney stated it well where he said he doesn't believe the federal government can do much that is better than the private sector can be left to do or...
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>> first of course is that we are living through the brutal economy, too many people that i lead, the sixth largest city in america are living through these incredibly difficult time. so when the arizona community action association issued a challenge to me to live off of food stamps to get a better sense of what people were going through, i couldn't say no to try to be a better leader and policymaker. >> so you with respect at all reluctant, what did you discover in your first shot at seeing what you could buy and what you couldn't buy with the food stamp. >> $29 for an entire week of eating doesn't go far, and i had to live off of a lot of stuff that i usedo eat when i was a college kid when i didn't have much of a budget. i had to skip a few meals in order to make the budget work. i ended up losing a few pounds which is not what the program is supposed to do. so i learned a lot and i think it will make me a better policymaker. >> what would you take from that experience, you said makes you a better policymaker, can you think of something off the bad where you are now kind of wantin
>> first of course is that we are living through the brutal economy, too many people that i lead, the sixth largest city in america are living through these incredibly difficult time. so when the arizona community action association issued a challenge to me to live off of food stamps to get a better sense of what people were going through, i couldn't say no to try to be a better leader and policymaker. >> so you with respect at all reluctant, what did you discover in your first shot...
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it is not -- i want it hear what they have to say about how to solve the economy. they want to see how they do. and i think a lot of things -- the conventional wisdom is that all the debates do is reinforce your ideas about a candidate that you support, or don't support. but there are -- i think there is room that somebody can do something or say something that will really turn people off. and that's what happened with george bush. >> yeah. >> whom ied amir ed amiadmire a >> they were pretty quiet the last couple of days, perhaps practicing memorizing numbers and facts and zingers, but really it is interesting that you point out that -- >> what was that about? >> what is that about? what do you think that is about? >> romney is practicing zingers? he's not very funny. i mean -- >> newt gingrich says he should be funny. you say no? >> i've watched him. i was in iowa. and saw his campaigning there. and he tries to be funny. it just doesn't come through. >> but what about for the president? some say he could be a tad too professorial or cool which can be a turnoff for
it is not -- i want it hear what they have to say about how to solve the economy. they want to see how they do. and i think a lot of things -- the conventional wisdom is that all the debates do is reinforce your ideas about a candidate that you support, or don't support. but there are -- i think there is room that somebody can do something or say something that will really turn people off. and that's what happened with george bush. >> yeah. >> whom ied amir ed amiadmire a >>...
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only 32% of latinos think the republican party can fix the economy. this is compared to 62% who think democrats can do it. so while those numbers paint a picture of how the candidates are doing, we're going deeper. this weekend we're bringing you an in depth look with our documentary special latino in america, counting their vote. soledad o'brien went to the state of nevada. take a look. ♪ >> reporter: january 24th, 2012, washington d.c. >> i get the chills every time i walk by this building. ♪ >> reporter: congressional candidate ruben could youen has traveled across the country as a guest of his mentor, senator harry reid, to attend the state of the union address. >> this is maybe a once in a lifetime opportunity. god willing, we win this election in june, and in november and next year i'll be searching in this body as a member of congress listening to that speech. ♪ >> reporter: while in washington, ruben makes a point to meet with key latino congressmen. >> should be there. a few more offices. >> reporter: like congressman beccerra. >> congr
only 32% of latinos think the republican party can fix the economy. this is compared to 62% who think democrats can do it. so while those numbers paint a picture of how the candidates are doing, we're going deeper. this weekend we're bringing you an in depth look with our documentary special latino in america, counting their vote. soledad o'brien went to the state of nevada. take a look. ♪ >> reporter: january 24th, 2012, washington d.c. >> i get the chills every time i walk by...
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what do they have to say about health care, the economy. it is the first presidential debate of 2012. it is important. debate night 2012, watch it here live, cnn, starting at 7:00 and cnn.com. >>> all right, so overcoming a disability is tough enough. it is a battle on its own. but new add to that bullying. because that's what kids do. and that fight can get downright cruel. but our chief medical correspondent dr. sanjay gupta is about to introduce to you a 13-year-old who is showing all of those bullies what he's made of and he's using his own disability as his tool. it is awesome. here's today's human factor. ♪ you can go and join my circle ♪ >>> listening to jake rap, you have no idea he suffers from a speech disorder, so debilitating that he used to keep to himself. >> he started speaking at the age of 2, and with single words it wasn't so bad. when he would get into sentences with a couple of words, two or three words, that's when it started to come in. >> those who love jake knew he needs to get the words out. let him finish what
what do they have to say about health care, the economy. it is the first presidential debate of 2012. it is important. debate night 2012, watch it here live, cnn, starting at 7:00 and cnn.com. >>> all right, so overcoming a disability is tough enough. it is a battle on its own. but new add to that bullying. because that's what kids do. and that fight can get downright cruel. but our chief medical correspondent dr. sanjay gupta is about to introduce to you a 13-year-old who is showing...
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also one of the hottest economies in the world. for the last year and a half the country has been run by sebastian panera. he made his fortune bringing credit cards to chile in the late 1970 wrz, richard quest joining us from london. tell us about this. pretty impressive resume for panera. >> not only impressive, but, of course, made international status, hero status, when he led his country's search and rescue off the famous chilean miners last we're. tv the sight of the president constantly always being there with the families that actually moved so much of the world now it's starting to criticize the united states. specifically, quantitative easing. that's the printing of money by the federal reserve. in an exclusive interview you with me the president said that simply printing money in america will not do the trick of rescuing the u.s. economy. >> yes. can you bring money and maybe you can solve the short-term problems. you will never solve the american problem just by printing money. you need to do much more than that, which i
also one of the hottest economies in the world. for the last year and a half the country has been run by sebastian panera. he made his fortune bringing credit cards to chile in the late 1970 wrz, richard quest joining us from london. tell us about this. pretty impressive resume for panera. >> not only impressive, but, of course, made international status, hero status, when he led his country's search and rescue off the famous chilean miners last we're. tv the sight of the president...
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economy and they reluctantly picked mitt romney. also shows, sadly enough, that none of these economists were excited about either one of them. so the 17 economists, the way it was broken down, nine picked romney and three picked obama. five of them couldn't commit to anybody because they said, you know what? it doesn't matter because neither one can fix the economy. even some of the romney supporters, they aren't enthusiastic. one of them said romney's policies would be less bad for the economy than obama. so basically, you know, it's the lesser of two evils. not exactly a big sign of confidence here. but some say romney is more likely to have more success getting legislation through congress and supporters of obama say he's more likely to reduce the deficit and cut entitlement spending like social security. but it is kind of sad, carol, it wasn't much excitement for either of them as far as helping the economy one way or the other. >> let's talk about something a little brighter that's happening where you are. the dow's rising. >>
economy and they reluctantly picked mitt romney. also shows, sadly enough, that none of these economists were excited about either one of them. so the 17 economists, the way it was broken down, nine picked romney and three picked obama. five of them couldn't commit to anybody because they said, you know what? it doesn't matter because neither one can fix the economy. even some of the romney supporters, they aren't enthusiastic. one of them said romney's policies would be less bad for the...
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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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that could help boost the economy. this is notable because it comes after three months of contraction in manufacturing. also, you look at china, manufacturing in china, in europe, it is going backwards it contracting. sobucking the trend. a good surprise for the u.s. manufacturing is what helped get us out of the recession in 2009. we saw activity picked up, hiring picked up. we saw the trend continuing. we want to see that continue to help the economy move forward. with a lot more momentum. >> we like it. we like the direction. alison kosik, thank you very much. >>> there are a lot of protests over mahmoud ahmadinejad in the united states this last week for the u.n. general assembly. a cameraman for the president of iran is now saying he doesn't want to go back home to iran, he wants to stay here. hear what he just did to make that happen. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just receive
that could help boost the economy. this is notable because it comes after three months of contraction in manufacturing. also, you look at china, manufacturing in china, in europe, it is going backwards it contracting. sobucking the trend. a good surprise for the u.s. manufacturing is what helped get us out of the recession in 2009. we saw activity picked up, hiring picked up. we saw the trend continuing. we want to see that continue to help the economy move forward. with a lot more momentum....
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how is the economy doing? joined by alison kosik, new york stock exchange, to talk a little bit about this. alison, the candidates will be pressing each other on the whole issue of jobs. what does the picture look like for jobs? >> you know, with jobs, it is improving slowly, but the reality is it is just not great. we got another little sliver of information today from adp, it said private sector employment gained by 162,000 jobs in september, but this is just a clue of what to expect on friday from the government jobs report. that's really the biggie, the report that counts. it factors in the private sector jobs, it counts government jobs which actually have been shrinking and the expectation is that the economy added 110,000 jobs in september. and, you know, that would be just be okay, because the reality is we have got a long way to go. in early 2009, the economy lost over 800,000 jobs a month. this by the way is the year that president obama took office. compared to that, 110,000 on friday would be good.
how is the economy doing? joined by alison kosik, new york stock exchange, to talk a little bit about this. alison, the candidates will be pressing each other on the whole issue of jobs. what does the picture look like for jobs? >> you know, with jobs, it is improving slowly, but the reality is it is just not great. we got another little sliver of information today from adp, it said private sector employment gained by 162,000 jobs in september, but this is just a clue of what to expect on...
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and so there are positive signs in the economy, but the problem is, this isn't an economy that is operating on all cylinders. >> alison kosik, thank you. want to keep the conversation going because a lot of the discussion about the economy and the numbers has to do with the manufacturing sector. it had been a bright spot in the economy until now. today's unemployment report shows that the drop in manufacturing jobs specifically down 16,000 have -- a plant makes feed covers, commercial furnitures and for this plant they have been expanding, right, ted? >> reporter: absolutely. all good news here in elkhart county, indiana, they got hammered during the recession. we're talking 18.5% unemployment. but here as you mentioned, they're making seat covers for airlines. and for automobiles, and they have a different type of problem now, they have open jobs that they're trying to fill, which weiland designs and they have added 70 positions over the past year. they are trying to add more, but they're having trouble getting people in here. now, the unemployment rate in this county is at 8%, you would t
and so there are positive signs in the economy, but the problem is, this isn't an economy that is operating on all cylinders. >> alison kosik, thank you. want to keep the conversation going because a lot of the discussion about the economy and the numbers has to do with the manufacturing sector. it had been a bright spot in the economy until now. today's unemployment report shows that the drop in manufacturing jobs specifically down 16,000 have -- a plant makes feed covers, commercial...
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our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery solved? this is a live look at the suburban detroit home where investigators are digging right now. more from the scene in a bit. >>> get your flag pins and sense of pride. we're talking economic patriotism on the campaign trail. newsroom starts now. >>> good morning. happy friday to you. i am carol costello. we begin this hour, new intrigue in one of the most iconic crime mysteries in u.s. history. police in the detroit suburb of roseville may be breaking new ground in the 1975 disappearance of the former union boss jimmy hoffa. minutes ago crews began drilling a core sample from w
our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery...
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the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on earth, because michelle obama agreed to marry me. and so i just want to wish, sweetie, you, happy anniversary, and let you know that i year from now, we will not be celebrating it in front of 40 million people. >> romney grabbed the ball, responded in a way that was downright charming. >> and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine here, here with me. so i -- congratulations. >> cnn contributor's will cain, roland martin, who leans left, are here to discuss. welcome, gentlemen. >> how are you doing? >> the moment you just played that'
the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on...
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it really say fun way of looking at the economy, of how beer is affected by the way the economy is doing. overall -- you're laughing. overall it's typically considered recession proof. it's cheap. but for $8 or $9, you can get a nice six pack at home without breaking the bank. and president obama also has a home brewing kit. all sorts of ways to drink your beer. >> i like when you say it's a fun way of looking at the economy. >> make it fun and entertaining. >> we'll have a brew after the show. thank you so much, alison kosik. >>> epic smackdown and a star is born. jennifer livingston in lacrosse, wisconsin, had more than a few choice words for a fan who criticized her weight. that fan wrote, quote, obesity is one of the worst choices a person can make. then he advised livingston to reconsider your responsibility to present and promote a healthy lifestyle. livingston responded speaking directly to that man who sent her that e-mail. his name is kenneth crouse. >> do you think i don't know that, that your cruel words are pointing out something that i don't see? you don't know me. you are n
it really say fun way of looking at the economy, of how beer is affected by the way the economy is doing. overall -- you're laughing. overall it's typically considered recession proof. it's cheap. but for $8 or $9, you can get a nice six pack at home without breaking the bank. and president obama also has a home brewing kit. all sorts of ways to drink your beer. >> i like when you say it's a fun way of looking at the economy. >> make it fun and entertaining. >> we'll have a...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is pre-filled with your pre-mix insulin. dial the exact dose. inject by pushing a button. no vials, syringes or coolers to carry. flexpen is insulin delivery my way. novolog mix 70/30 is an insulin used to control high blood sugar in adults with diabetes. do not inject if you do not
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. >>> about 32 hours away from the obama-romney debate in denver. while debates may not always change the course of the election they can have some powerful moments. revealing something about the politicians running for president. anderson cooper shows us some of the most memorable debates. >> reporter: september 26, 1960. first presidential deless viced debate. appearances mattered more than ever and gaffes however small are magnified
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out...
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obama has advantages over romney on the economy and a range of issues. one thing that stood out in the poll is that a lot of voters didn't like how obama's handling the situation in libya. and the romney campaign sort of sees that as well which is why you see them hitting obama so hard on this lately. but there is still a problem here for romney. this is why the debates are so important. romney wants to change the fundamental structure of this race with this debate coming up next wednesday. remember, over 50 million people watched the first presidential debate in 2008. this is going to be a big moment coming up next week, fred, for mitt romney. >> well, let's shift to the u.s. senate and how pivotal any race could be. the democrats have a six-seat majority, but they're defending 23 seats in the election, with republicans defending just 10. so what would give the republicans a pretty good shot at seizing a 51-seat majority, but they also have a big problem and that is that race in missouri. >> yes. that race in missouri between todd akin, he of legitimate
obama has advantages over romney on the economy and a range of issues. one thing that stood out in the poll is that a lot of voters didn't like how obama's handling the situation in libya. and the romney campaign sort of sees that as well which is why you see them hitting obama so hard on this lately. but there is still a problem here for romney. this is why the debates are so important. romney wants to change the fundamental structure of this race with this debate coming up next wednesday....